If we will have a deflation in the next 10 years. It will mean all baby boomers will be able to sit on their fat butt and enjoy the sun in Florida. Because the Social security check will be way enough with the deflation, Right? hahaha
It is not going to happen. Say whatever you want. It is not going to happen. BB will cost more on medicare and Medicaid. And there are no money for that. If we default on government debt, it will only make things worse and that will make government so much harder to get money. What will they do? Printing!!!
So either we print our way to abyss or we go to abyss through deflation first then print our way to abyss at the end. Either way, it will not end well.